Electric grid

Expert Voices

Coal plant crisis in South Africa raises concerns about stranded assets

South Africa’s largest state-owned company, the utility Eskom, is currently in a financial crisis that threatens the broader economy. According to a former high-ranking government official, the crisis stems mainly from two of the world's largest coal plants financed nearly a decade ago that have dramatically underperformed expectations and now threaten billions of dollars in losses.

Expert Voices

The challenges ahead for wireless charging for electric AVs

Animated GIF of electric car as a lightening bolt
Illustration: Sarah Grillo/Axios

Newly introduced electric vehicles are capable of charging wirelessly rather than tethered to a power cable, a technology that could one day help autonomous EVs stay running around the clock.

Why it matters: The ability to charge whenever they have a chance — through wireless charging source pads embedded in roadways and parking spots — would make AVs more efficient because they would never have to be taken out of operation for refueling.

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